Texas Considers Bill to Legalize Limited Casino Gambling and Sports Betting
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The new bill would generate the necessary framework for building the Texas Gaming Commission. The new body would be responsible for supervising legalized gambling in the state.
The bill was filed by state senator Carol Alvarado last November. It mentions the number of licenses and the type of licences that would be granted to operators in Texas. Four destination resorts located in metropolitan areas in the state would apply for a Class I license. The respective cities would have to have a minimum population of 2 million and not to already possess an active licensed Class 1 casino operator. Three Class II licenses for “limited casino gambling’ will become available for operators interested in providing horse racing options in large metropolitan area. Two Class III licenses will allow operators to provide limited greyhound racing gambling options.
The new state amendment would ask Indian casinos to cover an additional portion of revenue in the form of taxes. It would also ask the same tribal operators to have an effective gaming agreement or obey all state regulations related to Federal laws. The state house and senate are currently under the control of the Republican party. If the law passes, it would bring changes to the constitution and free the path for the introduction of sports betting.
